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04.12.2025
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Chevron Announces 2026 Capex Budget of $18 to $19 Billion
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Chevron Corporation (NYSE: CVX) today announced an organic capital expenditure range of $18 to $19 billion for consolidated subsidiaries (capex) for 2026, at the low-end of the long-term guidance range of $18 to $21 billion. Affiliate capital expenditure (affiliate capex) is expected to be $1.3 to $1.7 billion for 2026.
“Our 2026 capital program...
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12.11.2025
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Chevron Outlines Plan for Sustained Cash Flow Growth at Investor Day
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At its investor day, Chevron Corporation (NYSE: CVX) outlined its five-year plan to 2030 and how it intends to deliver sustained cash flow growth, further strengthen its portfolio, advance power solutions for AI data centers, and grow shareholder distributions.
“We believe Chevron is uniquely positioned to grow earnings and free cash flow into t...
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03.11.2025
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Chevron Announces Leadership Changes
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Chevron Corporation (NYSE: CVX) announced today the appointment of Amit R. Ghai as Controller of Chevron, effective March 1, 2026. Ghai will succeed Alana K. Knowles, in anticipation of her expected retirement from Chevron in April 2026, after 38 years of service.
Ghai will lead Chevron’s accounting policy, corporate and external financial repor...
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20.10.2025
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31.10.2025
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Chevron Reports Third Quarter 2025 Results
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Chevron Corporation (NYSE: CVX) reported earnings of $3.5 billion ($1.82 per share - diluted) for third quarter 2025, compared with $4.5 billion ($2.48 per share - diluted) in third quarter 2024. Included in the quarter was a net loss of $235 million due to severance and other transaction costs related to the acquisition of Hess Corporation (Hess)...
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07.10.2025
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Chevron Names Kevin McLachlan to Lead Exploration; Liz Schwarze to Retire
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Chevron Corporation1 (NYSE: CVX) today announced Kevin McLachlan will become Vice President of Exploration, effective November 1. McLachlan will oversee the company’s worldwide exploration program. McLachlan will be based in Houston and succeed Liz Schwarze, who is retiring in February after 36 years of service to the company.
“Kevin will be an...
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03.10.2025
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Advisory: Chevron Corporation’s 3Q 2025 Earnings Conference Call and Webcast
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Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, October 31, 2025, at 11:00 a.m. ET (10:00 a.m. CT).
Conference Call Information:
Date: Friday, October 31, 2025
Time: 11:00 a.m. ET / 10:00 a.m. CT
Dial-in # (Listen-only mode): 888-256-9157
Conference ID #: 5...
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01.08.2025
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Chevron Reports Second Quarter 2025 Results
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Chevron Corporation (NYSE: CVX) reported earnings of $2.5 billion ($1.45 per share - diluted) for second quarter 2025, compared with $4.4 billion ($2.43 per share - diluted) in second quarter 2024. Included in the quarter was a net loss of $215 million related to the fair value measurement of Hess Corporation shares, and company pension curtailmen...
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29.07.2025
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John B. Hess Joins Chevron’s Board of Directors
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Chevron Corporation (NYSE: CVX) announced that John B. Hess has been appointed to Chevron’s Board of Directors.
Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013. He led the company through its strategic transformation from an integrated oil company into a focused global independent exploration and p...
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19.07.2025
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Block Set to Join S&P 500
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NEW YORK, July 18, 2025 /PRNewswire/ -- Block Inc. (NYSE: XYZ) will replace Hess Corp. (NYSE: HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 constituent Chevron Corp. (NYSE: CVX) has acquired Hess Corp in a deal that closed today, July 18.
Following is a summary of the changes...
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18.07.2025
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Chevron Completes Acquisition of Hess Corporation
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Chevron Corporation (NYSE: CVX) announced today that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess’ offshore Guyana asset. The combined company has one of the most advantaged and differentiated portfolios in t...
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10.07.2025
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Chevron Supports Central and West Texas Flood Relief Efforts
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Chevron today announced a donation of $250,000 to three community partners, Community Foundation of the Texas Hill Country, Team Rubicon and the Fuel Relief Fund, to support flood relief efforts in Central and West Texas.
Community Foundation of the Texas Hill Country will receive $100,000 to support local organizations providing rescue, relief...
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09.07.2025
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Advisory: Chevron Corporation’s 2Q 2025 Earnings Conference Call and Webcast
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Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, August 1, 2025, at 11:00 a.m. ET (10:00 a.m. CT).
Conference Call Information:
Date: Friday, August 1, 2025
Time: 11:00 a.m. ET / 10:00 a.m. CT
Dial-in # (Listen-only mode): 888-240-9352
Conference ID #: 73529...
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17.06.2025
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TerraVolta Announces Sale of Lithium Assets in East Texas and Arkansas
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HOUSTON, June 17, 2025 /PRNewswire/ -- TerraVolta Resources, LLC ("TerraVolta" or the "Company") and its investor, The Energy & Minerals Group ("EMG"), announced that they have closed on a transaction to sell all equity interests in two subsidiaries that own certain leasehold acreage positions in east Texas and southwest Arkansas to Chevron U...
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17.06.2025
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Chevron Enters Domestic Lithium Sector to Support U.S. Energy Security
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Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today the acquisition of two leasehold acreage positions. The first from TerraVolta Resources, whose investor is an affiliate of The Energy & Minerals Group (EMG), and the second from East Texas Natural Resources (ETNR) LLC.
The estimated leasehold position inclu...
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12.06.2025
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Chevron and Halliburton Enable Intelligent Hydraulic Fracturing
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Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Halliburton (NYSE: HAL) jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without...
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28.05.2025
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Chevron Updates Stockholders at Annual Meeting
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Chevron Corporation (NYSE: CVX) today provided an overview of the company’s business performance and plans at its Annual Meeting of Stockholders. The meeting highlighted the company’s strong performance and consistent strategy, with stockholders showing their support by voting in favor of the full slate of Directors and with the company’s recommen...
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02.05.2025
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Chevron Reports First Quarter 2025 Results
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Chevron Corporation (NYSE: CVX) reported earnings of $3.5 billion ($2.00 per share - diluted) for first quarter 2025, compared with $5.5 billion ($2.97 per share - diluted) in first quarter 2024. Included in the quarter was a net loss of $175 million related to legal reserves and a tax charge due to changes in the energy profits levy in the United...
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21.04.2025
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Chevron Starts Oil Production From Ballymore Project in Gulf of America
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Chevron Corporation (NYSE: CVX) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300,000 net barrels per day of oil equiv...
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01.04.2025
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Advisory: Chevron Corporation’s 1Q 2025 Earnings Conference Call and Webcast
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Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, May 2, 2025, at 11:00 a.m. ET (10:00 a.m. CT).
Conference Call Information:
Date: Friday, May 2, 2025
Time: 11:00 a.m. ET / 10:00 a.m. CT
Dial-in # (Listen-only mode): 800-401-3551
Conference ID #: 6929305
Spe...
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01.04.2025
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Chevron Announces Sale of Majority Interest in its East Texas Gas Assets
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Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (“Chevron”) (NYSE: CVX), announced that it has closed on a transaction to sell a 70% interest in its East Texas gas assets to an affiliate of TG Natural Resources LLC (“TGNR”), a company indirectly owned by Tokyo Gas Co., Ltd. (“Tokyo Gas”) and Castleton Commodities International LLC (“CCI”)...
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13.03.2025
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Advisory: Chevron to Present at Piper Sandler 25th Annual Energy Conference
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Eimear Bonner, Vice President and CFO of Chevron Corporation (NYSE: CVX), will take part in the Piper Sandler 25th Annual Energy Conference on Tuesday, March 18, 2025, at 11:00 AM ET (8:00 AM PT), discussing corporate strategy and the company’s objective of delivering higher returns, lower carbon and superior shareholder value in any business envi...
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24.02.2025
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Chevron Announces Senior Leadership Changes
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Chevron Corporation (NYSE: CVX) today announced senior leadership changes as part of the company’s efforts to simplify its organizational structure, execute faster and more effectively, and be positioned for stronger long-term competitiveness.
The company’s Oil, Products & Gas organization will be consolidated into two segments: Upstream and...
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31.01.2025
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Chevron Reports Fourth Quarter 2024 Results
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Chevron Corporation (NYSE: CVX) reported earnings of $3.2 billion ($1.84 per share - diluted) for fourth quarter 2024, compared with $2.3 billion ($1.22 per share - diluted) in fourth quarter 2023. Included in the quarter were severance charges of $715 million and impairment charges of $400 million. Foreign currency effects increased earnings by $...
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28.01.2025
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Engine No. 1, Chevron, and GE Vernova to Power U.S. Data Centers
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Engine No. 1 and Chevron U.S.A. Inc. (NYSE: CVX) announced today the formation of a partnership to build a new company to develop scalable, reliable power solutions for United States (U.S.) based data centers running on U.S. natural gas. Early actions of the Trump Administration are setting the critical foundation to encourage investment leveragin...
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24.01.2025
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Chevron Achieves First Oil at Future Growth Project in Kazakhstan
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Chevron Corporation (NYSE: CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan.
FGP is the third processing plant in operation at the Tengiz oil field, which expands sour gas injection capability and is expect...
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18.01.2025
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Chevron Announces $1 Million Donation to Los Angeles County Wildfire Relief Efforts
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Chevron Corporation (NYSE: CVX) today announced a total contribution of $1 million to the California Fire Foundation, American National Red Cross, and the Los Angeles Chamber of Commerce Small Business Disaster Recovery Fund to support relief efforts for wildfires in California.
“Chevron’s legacy in California dates back more than 145 years – wi...
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16.01.2025
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Brightmark RNG Holdings Achieves Landmark First Gas Milestone at 10 Midwest RNG Projects
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Brightmark RNG Holdings LLC announced today that it has delivered first gas at 10 renewable natural gas (RNG) projects across the Midwest. Brightmark RNG Holdings LLC is a joint venture between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC.
With today's anno...
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16.01.2025
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Brightmark RNG Holdings Achieves Landmark First Gas Milestone at 10 Midwest RNG Projects
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Brightmark Fund Holdings is now one of the leading dairy RNG solution providers in the U.S. as it expands its portfolio with new operational projects in Iowa, Michigan, South Dakota, Wisconsin, and Ohio
HOUSTON and SAN FRANCISCO, Jan. 16, 2025 /PRNewswire/ -- Brightmark RNG Holdings LLC announced today that it has delivered first gas at 10 renewa...
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13.01.2025
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Chevron Names Laura Lane Vice President and Chief Corporate Affairs Officer; Al Williams to Retire
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Chevron Corporation (NYSE: CVX) today announced Laura Lane will become vice president and Chief Corporate Affairs Officer, effective February 1. Lane will oversee the company’s government affairs, communications, and social investment activities. Lane will be based in Houston and succeed Al Williams, who is retiring in April after 34 years at the...
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09.01.2025
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Chevron Bolsters U.S. Gulf of Mexico Production With Whale Facility Startup
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Chevron Corporation (NYSE: CVX) today announced the start of oil production from the Whale semi-submersible platform in the deepwater U.S. Gulf of Mexico. Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation, owns 40% working interest in Whale, with Shell Offshore Inc. owning 60% interest as operator.
The milestone is Chevron’s...
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06.01.2025
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Advisory: Chevron Corporation’s 4Q 2024 Earnings Conference Call and Webcast
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Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, January 31, 2025, at 11:00 a.m. ET (10:00 a.m. CT).
Conference Call Information:
Date: Friday, January 31, 2025
Time: 11:00 a.m. ET / 10:00 a.m. CT
Dial-in # (Listen-only mode): 866-409-1555
Conference ID #: 8...
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04.01.2025
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Advisory: Chevron to Present at Goldman Sachs Energy, CleanTech & Utilities Conference 2025
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Mike Wirth, Chairman and CEO of Chevron Corporation (NYSE: CVX), will take part in the Goldman Sachs Energy, CleanTech & Utilities Conference 2025 on Wednesday, January 8, 2025, at 9:00 AM ET, discussing corporate strategy and the company’s primary objective of delivering higher returns, lower carbon and superior shareholder value in any busin...
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10.12.2024
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Chevron Upgrades Pasadena Refinery to Increase Capacity, Feedstock and Product Flexibility
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Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,000 barrels per day.
Chevron acquired the Pasadena Refinery in 2...
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05.12.2024
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Chevron Announces 2025 Capex Budget & 4Q24 Interim Updates
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Chevron Corporation today announced an organic capital expenditure range of $14.5 to $15.5 billion for consolidated subsidiaries (capex) and an affiliate capital expenditure (affiliate capex) range of $1.7 to $2.0 billion for 2025.
The company’s 2025 capex and affiliate capex budgets represent a $2 billion year-over-year reduction. "The 2025 cap...
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01.11.2024
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Chevron Reports Third Quarter 2024 Results
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Chevron Corporation (NYSE: CVX) reported earnings of $4.5 billion ($2.48 per share - diluted) for third quarter 2024, compared with $6.5 billion ($3.48 per share - diluted) in third quarter 2023. Foreign currency effects decreased earnings by $44 million. Adjusted earnings of $4.5 billion ($2.51 per share - diluted) in third quarter 2024 compared...
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16.10.2024
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Advisory: Chevron, Houston Texans Legends and Kids’ Meals team up to set record in packed lunches for Houston area kids
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Chevron:
What:
Chevron U.S.A. Inc. kicked off its volunteerism program called H-Town Blitz in partnership with Houston Texans Legends Community the first week of October. On October 17, the focus is on teaming with Kids' Meals Houston to set a new daily record by packing 18,000 brown bag lunches to be distributed to homes of deserving childr...
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13.10.2024
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Chevron Commits an Additional $250,000 to Hurricane Relief Efforts
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Chevron today announced a donation of $250,000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. The funds will provide support for emergency teams and volunteer efforts.
"Our thoughts are with the Florida residents as they recover from Hurricane Milton,” said Mike Vomund, vice president of Fuel Sales, Che...
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07.10.2024
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Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale
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Chevron Canada Limited, an indirect subsidiary of Chevron Corporation (“Chevron”), announced today that it and a related entity have entered into a definitive agreement to sell their 20 percent non-operated interest in the Athabasca Oil Sands Project, 70 percent operated interest in the Duvernay shale, and related interests, all located in Alberta...
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03.10.2024
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Chevron Commits $250,000 to Hurricane Helene Relief and Recovery Efforts
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Chevron Corporation (NYSE: CVX) today announced a donation of $250,000 to support immediate relief and recovery efforts after Hurricane Helene devastated parts of Florida, Georgia, North Carolina, South Carolina and Tennessee, causing catastrophic flooding and damage. The funds will provide support for emergency team and volunteer efforts.
"This...
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01.10.2024
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Advisory: Chevron Corporation’s 3Q 2024 Earnings Conference Call and Webcast
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Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, November 1, 2024, at 11:00 a.m. ET (8:00 a.m. PT).
Conference Call Information:
Date: Friday, November 1, 2024
Time: 11:00 a.m. ET / 8:00 a.m. PT
Dial-in # (Listen-only mode): 888-256-9157
Conference ID #: 8860...
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30.09.2024
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Chevron-Hess Merger Clears FTC Antitrust Review
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Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction.
“This is an important step toward completing the merger, which will benefit our shareholders, the industry, and the country...
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19.09.2024
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Chevron Shipping, Wärtsilä Partner to Lower Methane Emissions on LNG Carriers
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Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC, plans to convert one engine on six of Chevron Transport Corporation Ltd.’s LNG Carriers from dual-fuel (DF) to spark gas (SG) operation. The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping’s broader effor...
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13.09.2024
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Chevron Shipping Company and MOL to Install Wind Challenger on LNG Carrier
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As part of their ongoing commitment to lower the carbon intensity of their operations, Chevron Shipping Company LLC (Chevron), a subsidiary of Chevron U.S.A. Inc., and Mitsui O.S.K. Lines, Ltd. (MOL) announced an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed by MOL and Oshima Shipbuilding together...
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03.09.2024
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Chevron Boosts Oil and Natural Gas Recovery at Two Facilities in U.S. Gulf of Mexico
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Chevron Corporation** (NYSE: CVX) today announced that it started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico, where Chevron operations produce some of the world’s lowest carbon intensity oil and gas.
“Delivery...
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22.08.2024
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Chevron Builds on CCS Portfolio With Greenhouse Gas Assessment Permit Offshore Australia
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Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Australia New Ventures Pty Ltd (Chevron), has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia. The permit award provides further opportunity for Chevron to deliver on its strategy of safely delivering lower carbon energy to a growing world.
The G-18-...
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12.08.2024
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Chevron Starts Production at Anchor With Industry-First Deepwater Technology
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Chevron Corporation** (NYSE: CVX) announced today that it started oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico. Anchor production marks the successful delivery of high-pressure technology that is rated to safely operate at up to 20,000 psi, with reservoir depths reaching 34,000 feet below sea level....
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